Kiasunomics

No Tears for Grey Hair: Can Singapore Care wisely for the Elderly?

NUS Business School Season 3 Episode 2

In this episode, Professor Sumit and Finance Professor Ruan Tianyue analyse the Silver Support Scheme – one of Singapore’s policy measures, instituted in 2015, to provide better support to retired individuals in an increasingly aged society. 

How have the elderly of Singapore used these payouts since, and would this be an effective means to manage the tension between longer life expectancy and rising healthcare costs?